Eureka Forbes Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Eureka Forbes Ltd reported a 11.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.0%.
- Its expenses for the quarter were down by 9.9% QoQ and up 8.4% YoY.
- The net profit decreased 26.6% QoQ and increased 52.5% YoY.
- The earnings per share (EPS) of Eureka Forbes Ltd stood at 1.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 602.18 | 676.53 | 542.50 | -11.0% | 11.0% |
Total Expenses | 554.87 | 615.80 | 511.90 | -9.9% | 8.4% |
Profit Before Tax | 47.31 | 63.74 | 30.60 | -25.8% | 54.6% |
Tax | 12.28 | 15.99 | 7.63 | -23.2% | 60.9% |
Profit After Tax | 35.04 | 47.74 | 22.97 | -26.6% | 52.5% |
Earnings Per Share | 1.80 | 2.50 | 1.20 | -28.0% | 50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Eureka Forbes Ltd is a well-established brand in the home appliances sector, primarily known for its water purifiers, vacuum cleaners, and air purifiers. The company has been a leader in the direct sales model in India, leveraging a strong network to market its products. Recently, there have been no specific major developments noted in the available data, but the company continues to maintain its foothold in the consumer durables industry, focusing on health and hygiene products.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Eureka Forbes Ltd reported a total income of ₹602.18 crores. This marks a decline of 11.0% from the previous quarter (Q2FY25), where the total income stood at ₹676.53 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there is an increase of 11.0% from ₹542.50 crores. The quarterly decline and year-over-year growth suggest variations in sales performance over different periods.
Profitability
The company's profit before tax (PBT) for Q3FY25 was ₹47.31 crores, showing a decrease of 25.8% from ₹63.74 crores in Q2FY25. On a year-over-year basis, PBT increased by 54.6% from ₹30.60 crores in Q3FY24. After accounting for taxes, the profit after tax (PAT) in Q3FY25 was ₹35.04 crores, down 26.6% from the previous quarter's ₹47.74 crores but up 52.5% from ₹22.97 crores in the same quarter last year. Earnings per share (EPS) also followed a similar pattern, declining to ₹1.80 from ₹2.50 in Q2FY25 but rising from ₹1.20 in Q3FY24. These figures highlight changes in the company's net earnings across different quarters and fiscal years.
Operating Metrics
Total expenses for Eureka Forbes Ltd in Q3FY25 were ₹554.87 crores, which decreased by 9.9% from ₹615.80 crores in Q2FY25, yet rose by 8.4% from ₹511.90 crores in Q3FY24. The decrease in expenses on a quarterly basis, combined with the increase on an annual basis, points to varying cost management dynamics. Tax expenses for Q3FY25 amounted to ₹12.28 crores, reflecting a reduction of 23.2% from ₹15.99 crores in Q2FY25, while showing a 60.9% increase from ₹7.63 crores in Q3FY24. These operational metrics provide insights into the company's cost management and fiscal responsibilities over the reporting periods.
